HSBC results cast pall over Europe stocks

2019-10-28

Downbeat results from bank HSBC Holdings cast a pall over European stocks on Monday, as equities on the continent retreated from multi-month highs. After finishing Friday at its highest level since January 29, 2018, the Stoxx Europe 600 SXXP, -0.11% declined 0.13% to 397.48. The German DAX DAX, +0.24%  roseRead More →

HSBC to cut up to 10,000 jobs: FT By Reuters

2019-10-06

(Reuters) – HSBC Holdings Plc (L:) is planning to cut up to 10,000 jobs as interim Chief Executive Officer Noel Quinn seeks to reduce costs across the banking group, the Financial Times reported on Sunday. The plan represents the lender’s most ambitious attempt in years to cut costs, the newspaperRead More →